News Forum - Elon Musk warns Chinese automakers set to drive global rivals off the road

[Thaiger]

Tesla CEO Elon Musk issued a stark warning, predicting that Chinese automakers will demolish global competition if trade barriers are not enforced. This statement highlights the intense pressure the leading American electric vehicle (EV) company faces from Chinese rivals such as Build Your Dreams (BYD), which are rapidly expanding their global presence. Musk’s warning follows … …

The story Elon Musk warns Chinese automakers set to drive global rivals off the road as seen on Thaiger News.

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[Guest1]

What I dont get is:

China is still seen as as developing country. Bloody hell, they landed on the backside of the moon!

it still gets money from the western world for development assistance.

Why ist it, that the western world is not working with a  tit for tat ruling?

What china allows western companies,the taxes china puts on western products, western countries should put on chinese ones , too.

Same with properties, companies, working permits

If they make it impossible, to own  something in their country, why is the western world allowing their people, to own (in) western countries?

 

 

[Pinetree]

21 minutes ago, Guest1 said:

What I dont get is:

China is still seen as as developing country. Bloody hell, they landed on the backside of the moon!

it still gets money from the western world for development assistance.

Why ist it, that the western world is not working with a  tit for tat ruling?

What china allows western companies,the taxes china puts on western products, western countries should put on chinese ones , too.

Same with properties, companies, working permits

If they make it impossible, to own  something in their country, why is the western world allowing their people, to own (in) western countries?

 it still gets money from the western world for development assistance. Why ist it, that the western world

Does it?  I don't think so. 

[Guest1]

1 hour ago, Pinetree said:

 it still gets money from the western world for development assistance. Why ist it, that the western world

Does it?  I don't think so. 

https://icai.independent.gov.uk/uk-aid-to-china-is-falling-rapidly-but-greater-transparency-is-needed/

[butterfly]

China is not a developing country, maybe in name only

as usual, western countries are doing everything upside down

[Pinetree]

52 minutes ago, Guest1 said:

https://icai.independent.gov.uk/uk-aid-to-china-is-falling-rapidly-but-greater-transparency-is-needed/

Thanks for that clarification, which just goes to show what dumb assess successive UK Governments have been, not that we really needed any further confirmation. Run down the UK Military, its infrastructure, its medical services ( such as they are) , its police service, but pay aid to a real and present enemy.  Priceless. 

[Guest1]

Oh, ther are more.countries, I.just could not find some.proof that quickly.

GB was first on google, winner!

[Dancbmac]

There are many Chinese EV car companies but currently only one Chinese EV company is profitable besides Tesla. That is BYD in which many are being sold here in Thailand.  With the price reductions of 2023 and probably some more in 2024, eventually many of these other EV companies will go out of business or need to consolidate to be profitable.  China has an advantage as it has most of the battery commodities.  My wife & I went to the EV car show in Bangkok and they had really cool designs but not sure if Thailand’s infrastucture is ready for the transition to EVs